31st December 2019, the Company’s financial position was analyzed from changes in the assets, liabilities and shareholders' equity as follows; Transaction For the Year ended 31st December (Unit: Million

return on equity at 7.80% lower than the year 2016 having the return on equity at 13.73%. Asset Management As of 31st December 2017, the Company’s financial position was analyzed from changes in the assets

expenses 1.65 3.81 2.16 130.91% Loss on exchange rate - 13.90 13.90 100.00% Reserve for Doubtful Debts 0.48 - (0.48) (100.00%) Others 17.60 9.52 (8.08) (45.91%) Administrative expenses 32.33 57.13 24.80

assets of THB 23,433 million, a decrease of THB 23 million (or -0.1%) from 31 December 2018. Cash and cash equivalents decreased by THB 646 million, where cash inflow from operation was offset by cash

expenses 5.34 7.85 2.51 47.00% Loss on exchange rate - 42.48 42.48 100.00% Reserve for Doubtful Debts (0.08) - 0.08 (100.00%) Others 18.54 19.25 0.71 3.83% Administrative expenses 67.18 133.61 66.43 98.88

HRC Average Selling Price (Bht./Ton) 18,108 15,709 HRC Cash Margin (Bht./Ton) 1,223 1,334 Unit: million Baht 3rd Quarter 2017 Year-end 2016 Fin an ce S ta tu s Total Assets 31,907 32,615 Total

subsidiary have total assets in the amount of Baht 906 million, total liabilities in the amount of Baht 458 million and total equity in the amount of Baht 448 million. The significance of financial information

28.21 million. The Company had already recognized doubtful debt for this amount in full. 3.4 Details of Share of profit (loss) from investments in associates and joint ventures are as follows: Name

baht and reversal of allowance for doubtful accounts of investments, prepaid investment amount of 14.00 million baht, profit from sales of condominiums, Country Complexes and other assets totaling 8.95

property rights over two coal mines in Indonesia, which EARTH had acquired from exchange of the company group’s assets at an approximate value of 24 billion baht. In this regard, EARTH failed to proceed